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Saturday, November 2, 2024

River Hills median home prices rose by 52.3% in June 2020

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The median sale price of a home sold in June 2020 in River Hills rose by $257,594 while total sales increased by 100%, according to BlockShopper.com.

In June 2020, there were eight homes sold, with a median sale price of $750,000 - a 52.3% increase over the $492,406 median sale price for the same period of the previous year. There were four homes sold in River Hills in June 2019.

The median sales tax in River Hills for the most recent year with available data, 2017, was $15,568, approximately 2.1% of the median home sale price for June 2020.

The following table compares River Hills to other Milwaukee County cities with similar median sale prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
River Hills84100%$750,000$492,40652.3%
Shorewood198137.5%$437,500$300,00045.8%
Bayside131030%$400,000$283,75041%
Whitefish Bay4257-26.3%$344,500$380,000-9.3%
Fox Point23219.5%$322,500$361,900-10.9%
Franklin7277-6.5%$285,050$255,00011.8%
Wauwatosa111134-17.2%$269,800$252,2507%
Greendale3038-21.1%$247,050$236,0004.7%
Oak Creek5361-13.1%$241,000$244,000-1.2%
Hales Corners13130%$240,000$228,0005.3%
Greenfield7980-1.3%$200,000$180,00011.1%

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